HUD Foreclosures

How to Buy HUD-Owned Property

A HUD home is a 1-to-4 unit residential property acquired by the Department of Housing and Urban Development as a result of a foreclosure action on an FHA-insured mortgage. HUD offers it for sale to recover the loss. Learn how to purchase a HUD foreclosure and search for current listings.

Foreclosure Information

How to Buy Bank-Owned Property

REO is industry jargon for foreclosure property repossessed by banks or lenders. Lenders go to great lengths to sell REOs, which are a liability for them. Find out how to purchase a bank-owned foreclosure and search for current listings.

Klacik Real Estate's Blog

It's understandable that homeowners often feel they have the strongest insight into the true value of their home; after all, they are the only ones who fully appreciate all of the time and money that have gone into the property over the years! Of course, that personal connection is the very thing which can result in biased valuations (more on that later). Other people are certain that computer-generated automated valuation models (AVMs), which analyze millions of data points on market trends, comparable properties, and buyer tendencies, can give estimates that no human can match. So which side is actually better at valuing a home, the owner or the AVM? As it turns out, there isn't really much of a difference between the two options, partially because neither is very good at the job!

For the fifth straight year, Molnar Farms in Poland invites you to come experience their "Christmas on the Farm" craft and gift market! This year, the farm will be hosting over 2 dozen local vendors featuring a bounty of unique, handmade treasures for guests to purchase. Seasonal decor, jewelry, accessories, personal care products, and baked goods are just a few examples of the items you will find at Christmas on the Farm. Plus, don't forget that the farm has its craft and quilt shop open now through the event!

Mark your calendars: Christmas on the Farm is taking place from 8:30 a.m. until 4 p.m. on Saturday, November 24! For updates and more information, check out the event page on Facebook. Molnar Farms is located at 3115 E Western Reserve Road in Poland.

Returning for its third year, the annual Holiday Fun Day is a great opportunity for the whole family to spend an entertaining afternoon surrounded by the area's premier collection of art! The Butler Institute of American Art will be providing lots of fun activities during this event, including holiday cookie decorating, “Make it – Take it” art activities, face painting, selfies with Santa, Butler docent-led tours, treasure hunts, and much more! Don't miss this artistic open house unlike any other when it happens from noon until 3 p.m. on November 11th!

The Butler Institute of American Art is located at 524 Wick Avenue in Youngstown. Limited free parking is available on-site. Learn more at the Butler's website or ask questions on the event's Facebook page.

All information is believed to be reliable, but is not guaranteed and should be independently verified with a real estate professional. Klacik Real Estate is a member of the National Association of REALTORS® Equal Housing Opportunity.